In what is a first-of-its-kind collaboration with another country, India and Singapore last month linked their respective online payments systems -- Unified Payments Interface (UPI) of India and PayNow of Singapore -- for seamless cross-border transactions between the two countries.
According to a 2021 report by independent transaction advisory firm RBSA Advisors, India's OTT streaming industry, including video and audio, has the potential to grow almost nine-fold to touch USD 15 billion by 2030.
Panchkula (Haryana) [India], March 10 (ANI/PNN): Yield 4 Finance is your most trusted trade finance training partner in India, UAE, UK, Spain, Zambia, Tanzania and Uganda. Our group feel obliged to announce that we are providing courses for the whole market for free and all to understand how
New Delhi [India], March 9 (ANI/SRV): CreditQ, a 360-degree Credit Management and Information platform and the first of its kind in India, has recently launched a new feature called MSMECiBiL, which enables enterprises to collect or settle their credit transactions. With this feature, the pl
The Indian Rupee (INR) will be used for commercial transactions between India and Sri Lanka starting on March 2, 2023, according to discussions between the high commissions of India and Sri Lanka
According to a statement from the central bank, the action is based on deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the entity with its customers.
Bangalore (Karnataka) [India], March 3 (ANI/PRNewswire): Kitchens@, a leading player in the rapidly growing cloud kitchen industry today announced the acquisition of Swiggy's Access Kitchens business through a share swap deal, effective as of 1st March 2023. Swiggy will become a stakeholder
Keeping pace with the changing world Jammu and Kashmir has become a champion in terms of digital transactions in the country in the last two-and-a half year, said Lieutenant Governor Manoj Sinha.
The investment has made GQG a key investor in the development and growth of critical Indian infrastructure. Jefferies India acted as the sole broker for the transaction.
The introduction of UPI service would make bank transactions easier and quick, especially for the elderly and those living in remote areas, the CM said.
The transaction will wipe out over USD 10-million debt of SpiceJet, thereby strengthening its balance sheet for future expansion. The move will substantially deleverage the company's balance sheet.
New Delhi [India], February 27 (ANI/ATK): A merchant needs a payment gateway to accept payments at an e-commerce platform, mobile app or point of sale. Various payment service providers assist businesses in accepting a wide range of electronic payments. Sellers must choose the right payment